“Microdisplay market expected to grow at a CAGR of 13.2% between 2017 and 2023”

The Microdisplay market is estimated to be valued at USD 812.0 million in 2017 and is expected to reach USD 1,706.3 million by 2023, at a CAGR of 13.2% between 2017 and 2023. The rising adoption of portable devices such as HMDs and HUDs and increasing application areas of microdisplays are the major drivers for the microdisplay market growth, while the low performance of microdisplays at high temperatures restrains the growth of the microdisplay market.

“Microdisplay market for industrial and enterprise application expected to grow at the highest CAGR during forecast period”

The market for the industrial and enterprise application is expected to grow at the highest CAGR between 2017 and 2023. In the industrial and enterprise application, increasing adoption of microdisplay devices such as AR glasses used for on-the-job training to field workers, warehouse management, maintenance and inspection, freight loading and transportation, and field repair services is the major driving factor for the growing adoption of microdisplays for the industrial and enterprise application.

“LCD technology held largest share of the microdisplay market in 2016”

The LCD technology held the largest share of the microdisplay market in 2016. The LCD technology is used in HMDs, HUDs, EVFs, thermal imaging glasses, and wearable devices, owing to its advantages such as high brightness, low cost, less heating, and easy manufacturing. Moreover, the LCD technology helps microdisplay device manufacturers reduce the size of the devices at an early stage.

“Microdisplay market in APAC expected to grow at highest CAGR during forecast period”

The microdisplay market in APAC is expected to grow at the highest CAGR between 2017 and 2023. The large consumer market in China and the presence of a large number of OEMs are driving the microdisplay market in the region. Moreover, technological advancements, changing consumer behavior, and decreasing ASPs of microdisplay devices help drive the growth of this market in the region.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with people holding key positions across several regions. The breakup of the profiles of primary participants has been given below:

The report defines, describes, and forecasts the microdisplay market based on product type, technology, resolution, application, and geography. It provides detailed information regarding the major factors influencing the growth of the microdisplay market (drivers, restraints, opportunities, and industry-specific challenges). It also analyzes the competitive developments such as joint ventures, collaborations, agreements, contracts, partnerships, mergers and acquisitions, and product launches carried out by key players to grow in the market.

Reasons to Buy the Report:

Illustrative segmentation, analysis, and forecast pertaining to the microdisplay market based on product type, technology, resolution, application, and geography have been conducted to provide an overall view of the microdisplay market.

Major drivers, restraints, opportunities, and challenges affecting the microdisplay market growth have been detailed in this report.

The report includes a detailed competitive landscape of the key players in the market and their revenues.

Figure 1 MICRODISPLAY MARKET SEGMENTATIONFigure 2 MICRODISPLAY MARKET: PROCESS FLOW OF MARKET SIZE ESTIMATIONFigure 3 MICRODISPLAY MARKET: RESEARCH DESIGNFigure 4 BOTTOM-UP APPROACH TO ARRIVE AT MARKET SIZEFigure 5 TOP-DOWN APPROACH TO ARRIVE AT MARKET SIZEFigure 6 DATA TRIANGULATIONFigure 7 ASSUMPTIONS FOR RESEARCH STUDYFigure 8 NTE DISPLAY DEVICES EXPECTED TO DOMINATE MICRODISPLAY MARKET DURING FORECAST PERIODFigure 9 OLED TECHNOLOGY EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIODFigure 10 MICRODISPLAY MARKET, BY APPLICATION (2017–2023)Figure 11 MICRODISPLAY MARKET, BY REGION, 2016Figure 12 GROWTH OPPORTUNITIES FOR THE MICRODISPLAY MARKET BETWEEN 2017 AND 2023Figure 13 OLED TECHNOLOGY EXPECTED TO WITNESS THE HIGHEST CAGR FOR THE MICRODISPLAY MARKET DURING THE FORECAST PERIODFigure 14 CONSUMER APPLICATION HELD THE MAJOR SHARE OF THE MICRODISPLAY MARKET IN 2016Figure 15 US HELD THE LARGEST SHARE OF THE MICRODISPLAY MARKET IN 2016Figure 16 MICRODISPLAY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGESFigure 17 NTE DISPLAY DEVICES EXPECTED TO DOMINATE MICRODISPLAY MARKET DURING FORECAST PERIODFigure 18 MICRODISPLAY MARKET FOR HMD EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIODFigure 19 MICRODISPLAY MARKET FOR INDUSTRIAL AND ENTERPRISE APPLICATION EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIODFigure 20 INDUSTRIAL AND ENTERPRISE APPLICATION EXPECTED TO DOMINATE MICRODISPLAY MARKET FOR PROJECTION DEVICES DURING FORECAST PERIODFigure 21 SMART BAND TO ACCOUNT FOR THE LARGER SHARE IN 2017Figure 22 CONSUMER APPLICATION EXPECTED TO DOMINATE MICRODISPLAY MARKET FOR OTHERS DURING FORECAST PERIODFigure 23 LCD TECHNOLOGY EXPECTED TO HOLD LARGEST SIZE OF MICRODISPLAY MARKET IN 2023Figure 24 NTE DISPLAY DEVICES EXPECTED TO DOMINATE MICRODISPLAY MARKET FOR LCD TECHNOLOGY DURING FORECAST PERIODFigure 25 NTE DISPLAY DEVICES EXPECTED TO LEAD MICRODISPLAY MARKET FOR OLED TECHNOLOGY DURING FORECAST PERIODFigure 26 19201080 AND 19201080 RESOLUTION EXPECTED TO DOMINATE MICRODISPLAY MARKET DURING FORECAST PERIODFigure 27 NTE DISPLAY DEVICES EXPECTED TO LEAD MICRODISPLAY MARKET FOR 19201080 AND 19201080 RESOLUTION DURING FORECAST PERIODFigure 28 1024768 AND 12801024 RESOLUTION MICRODISPLAY MARKET FOR NTE DISPLAY DEVICES TO GROW AT HIGHEST CAGR DURING FORECAST PERIODFigure 29 NTE DISPLAY DEVICES EXPECTED TO DOMINATE MICRODISPLAY MARKET FOR 800600, 800480, AND 854480 RESOLUTION DURING FORECAST PERIODFigure 30 INDUSTRIAL AND ENTERPRISE APPLICATION TO LEAD THE MICRODISPLAY MARKET BY 2023Figure 31 NTE DISPLAY DEVICES FOR CONSUMER APPLICATION EXPECTED TO DOMINATE THE MARKET DURING THE FORECAST PERIODFigure 32 NTE DISPLAY DEVICES FOR INDUSTRIAL AND ENTERPRISE APPLICATION EXPECTED TO GROW AT HIGHEST RATE DURING THE FORECAST PERIODFigure 33 NTE DISPLAY DEVICES TO DOMINATE THE MICRODISPLAY MARKET FOR THE MILITARY, DEFENSE, AND AEROSPACE APPLICATION DURING THE FORECAST PERIODFigure 34 APAC TO WITNESS THE HIGHEST CAGR FOR THE AUTOMOTIVE APPLICATION DURING THE FORECAST PERIODFigure 35 APAC TO LEAD THE MICRODISPLAY MARKET FOR THE COMMERCIAL APPLICATION, BY 2023Figure 36 NTE DISPLAY DEVICES TO LEAD THE MICRODISPLAY MARKET FOR THE MEDICAL APPLICATION BY 2023Figure 37 PROJECTION DEVICES TO LEAD THE MICRODISPLAY MARKET FOR THE EDUCATION APPLICATION DURING THE FORECAST PERIODFigure 38 NORTH AMERICA TO LEAD THE MICRODISPLAY MARKET FOR OTHER APPLICATIONS DURING THE FORECAST PERIODFigure 39 US, GERMANY, CHINA, JAPAN EXPECTED TO BE THE FASTEST-GROWING COUNTRIES IN THE MICRODISPLAY MARKETFigure 40 NORTH AMERICA EXPECTED TO DOMINATE THE MICRODISPLAY MARKET DURING THE FORECAST PERIODFigure 41 NORTH AMERICA: MICRODISPLAY MARKET SNAPSHOT (2016–2023)Figure 42 US EXPECTED TO LEAD THE MICRODISPLAY MARKET IN NORTH AMERICA DURING THE FORECAST PERIODFigure 43 INDUSTRIAL AND ENTERPRISE APPLICATION TO LEAD THE MICRODISPLAY MARKET IN THE US DURING THE FORECAST PERIODFigure 44 GERMANY EXPECTED TO DOMINATE THE MICRODISPLAY MARKET IN EUROPE DURING THE FORECAST PERIODFigure 45 INDUSTRIAL AND ENTERPRISE APPLICATION TO LEAD THE MICRODISPLAY MARKET IN GERMANY DURING THE FORECAST PERIODFigure 46 APAC: MICRODISPLAY MARKET SNAPSHOT (2016–2023)Figure 47 CHINA EXPECTED TO HOLD THE LARGEST SIZE OF THE MICRODISPLAY MARKET IN APAC DURING THE FORECAST PERIODFigure 48 INDUSTRIAL AND ENTERPRISE APPLICATION TO LEAD THE MICRODISPLAY MARKET IN CHINA DURING THE FORECAST PERIODFigure 49 KEY DEVELOPMENTS IN THE MICRODISPLAYS MARKET (2014–2017)Figure 50 MICRODISPLAY MARKET (GLOBAL), COMPETITIVE LEADERSHIP MAPPING, 2017Figure 51 AGREEMENTS, CONTRACTS, PARTNERSHIPS, AND COLLABORATIONS WERE THE KEY STRATEGIES ADOPTED BY MAJOR PLAYERS BETWEEN 2014 AND 2017Figure 52 EMAGIN CORPORATION: COMPANY SNAPSHOTFigure 53 HIMAX TECHNOLOGIES, INC.: COMPANY SNAPSHOTFigure 54 JAPAN DISPLAY INC.: COMPANY SNAPSHOTFigure 55 KOPIN CORPORATION: COMPANY SNAPSHOTFigure 56 SEIKO EPSON CORPORATION: COMPANY SNAPSHOT